The African Innovation Foundation (AIF) has announced the call for entries for
the 2014 Innovation Prize for Africa (IPA).
The
prestigious Prize, presented annually since 2012, aims at encouraging
innovations that contribute to sustainable development in Africa.
The
winning submission will be awarded a prize of USD 100,000 with two additional
USD 25 000, one for the runner up with an innovation with the best business
potential and the other one for the runner up with the innovation with the best
social impact.
In an
effort to drive African-led development, the IPA invites African entrepreneurs
and innovators to propose projects that unlock new African potential under one of
five categories which include: agriculture and agribusiness; environment,
energy and water; health and wellbeing; ICT applications; and manufacturing and
services industries.
“The IPA
team believes that the best way to build Africa’s capacity is to invest in
local innovation and entrepreneurship. This prize encourages Africans to
develop creative ways to overcome everyday challenges,” said AIF founder
Jean-Claude Bastos de Morais.
The IPA
2013 was awarded to South Africa’s AgriProtein for its innovative approach to
nutrient recycling – a method that uses waste and fly larvae to produce natural
animal feed.
The 2013
prize also recognized two additional winners for their contributions to African
innovation. In the business potential category, Hassine Labaied and Anis
Aouini from Saphon Energy (Tunisia) received USD 25 000 for creating a
bladeless wind convertor.
In the
social impact category, Sanoussi Diakite (Senegal) received USD 25 000 for
developing and distributing a thermal powered machine that husks 5 kilograms of
fonio – an important and healthy West African cereal – in just 8 minutes.
This innovation increases accessibility to a nutritious African staple food
source and addresses challenges associated with its consumption.
With
more than 1,350 applications received to date, the IPA aims to support
Africans’ efforts to develop new products, increase efficiency and drive
cost-savings on the continent. The IPA also provides a platform for African
innovators to showcase their solutions to potential investors and seek partners
to scale up their marketable concepts.
Only
innovations by Africans and for Africans are eligible to enter. Africans in the
Diaspora can also apply if their innovations are of significance to Africa.
The registration
deadline for the 2014 prize www.innovationprizeforafrica.org
has been set for 31 October 2013.
1 comment:
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